Recently, technologies like AI, machine learning, and automation have begun to play a much responsible role in shaping the banking industry landscape, from emerging fintechs to newer solutions facilitated by Open banking. These cutting-edge technologies have transformed the field of Banking tech to renew and expand the limited set of financial products, that were hindering the potential growth of the organizations.
Open banking technologies have centralized the management of data by automating the rudimentary processes to avail full transparency, and instilled control over banking activities. It clicks the right buttons so that firms can make the most out of banking relationships with bank fee analysis, powerful bank account management, and electronic bank statements. Many banking technology solution providers have empowered their customers to take on the path toward strategic banking by giving complete visibility into cash, liquidity, payments, and financial risk management.
The aftermath of timely banking technology adoption include speedy processing of financials, increased flexibility, seamless management of customer experience, and delivery of exemplary business results. In the field of banking, technology is a crucial differentiator, and its capabilities have only been grazed upon the surface. With the assistance of pioneering companies, technology, and investment in the right tools, both customer experience and cost-efficiency can be augmented.
Companies such as Zenmonics, Fiserv, Accuity, Fairfax, GTreasury, Backbase and many others, featured in this edition of CIO Applications have demonstrated an exceptional ability to handle the tasks and develop unique technological solutions in the field of Banking. These banking tech solutions cloak the existing gaps with utmost clarity.
We present to you “Top 25 Banking Tech Solution Providers - 2019”.